Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0178%/8h= −19.5% APRnext payment $0.89 per $10,000 · paid last 24h −0.026%
Price spread now: Aster against Variational Omni+0.066%7-day average +0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.042%−$4 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.066%, 7d avg +0.011%
Together, before fees+0.001%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.055% dearer against Variational Omni than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.011%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 4 days (−0.042% in total) that is about 4.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NATGAS3.00100.0324pay 0.0162% / 4h3h 55m$318K$390K
ShortAster NATGASUSDT3.00300.0146get 0.0073% / 4h3h 55m$264K$69K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$37.4
Price spread: +0.066% → +0.011%
$5.52
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$39.89
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; Aster: live order book, 41 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 43 min ago4.49 bpdoesn't fit12.1 bp −$121doesn't fitdoesn't fit
Sell Aster live order book, 41 min ago6.65 bp16.9 bp −$1717.3 bp −$173doesn't fitdoesn't fit

NATGAS on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NATGAS-USD0.0000%1h3.00100.000%$658K$96K20xas long as short
SunX NATGAS-USDT0.0000%4h3.0032+0.073%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0020+0.033%$118K$221K75xas long as short
Hotstuff NATGAS-PERP+0.0016%1h3.0017+0.023%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.00100.000%$630K$482K10xas long as short
Extended XNG-USD+0.0032%1h2.9995−0.049%$109K$259K5xas long as short
Vest NG-PERP+0.0046%1h3.00100.000%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9995−0.050%$6.0M$5.3M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0002−0.027%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0016+0.021%$5K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9995−0.050%$69K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.300%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.033%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00100.000%$1.5M$90K10xas long as short
GRVT NATGAS_USDT_Perp+0.0122%4h3.0020+0.033%$18K$218K25xas long as short
KuCoin NATGASUSDTM+0.0136%4h3.00100.000%$1.0M$856K20xas long as short
Aster NATGASUSDTshort+0.0146%4h3.0030+0.066%$264K$69K50x
Variational Omni NATGASlong+0.0324%4h3.0010long leg$318K$390K
Gate NG_USDT+0.0343%8h3.0030+0.066%$1.5M$192K100xas long as short
Binance NATGASUSDT+0.0347%4h2.9990−0.067%$10.4M$28.6M100xas long as short
edgeX NATGASUSDC+0.0364%4h3.0027+0.056%$85K$211K20xas long as short
OKX NG-USDT-SWAP+0.0529%8h2.9960−0.167%$801K$1.9M50xas long as short
BloFin NG-USDT+0.0549%8h3.0020+0.033%$77K$198K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0589% / S −0.0604%1h3.0015+0.016%$88K45xas long as short
Kraken Futures PF_NATGASUSD+0.0684%1h3.0029+0.062%$55K$35K20xas long as short
Bitget NATGASUSDT+0.0818%4h2.9940−0.233%$9.9M$3.0M100xas long as short